A good investment is something that will pay you more money than you paid for it. To turn your first home purchase into a money maker, it is important to crunch the numbers before you shop. Follow our guidelines to fine-tune your purchasing power and start making smart financial moves.
According to the National Association of Realtors, roughly 27 percent of all homebuyers are single. The truth about homeownersiip is, that it is for anybody, regardless of their marital status. It is obvious that now, more than ever, all individuals should feel empowered and enabled to pursue home ownership.
Between student loan and credit card debt, the rise in living costs, low real estate supply and heavy demand, the homes and cities we live in aren’t getting any cheaper. We understand the unique situations and financial hurdles that many of our millennial homebuyers experience.
Nothing is more exciting than shopping for your first home. However, we want to make sure that you don’t miss the first and most important step in the homebuying process—contacting a loan originator. This first step is crucial and will not only help you understand which loans you qualify for, but will also make you more attractive to real estate agents and sellers.
If you’re reading this then you may be on the brink of making the biggest purchase of your life. Whoa. Buying your first home may sound a little intimidating, but it doesn’t have to be. However, many first time homebuyers make mistakes when they shop for their first home, but we want you to start the process off on the right foot. Check out our list below to see some of the most common mistakes homebuyers make.